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You are one of a few with the opinion that that option will occur. There are other options which have more of a chance of occurring and we will see happen by EoY and through the next few years. Better get more shares. MMTC ROCKS!!!!!
Looks like its going to be a good week, lots of worried action before open. MMTC ROCKS!!!!!
Payment for services rendered. I guess you haven't heard that MMTC has financing now with insiders buying shares, so he could have opted for cash. But he, being CFO, took shares for his salaried work (not a gift), which in my opinion speaks volumes about how he feels about the direction is headed. Better get more shares yourself. MMTC ROCKS!!!!!!!
More news from OSIS. New revenue source from the automotive industry.
"OSI Systems Announces Multi-Year Agreement to Provide Automotive Electronic Assemblies
Print
Osi Systems (NASDAQ:OSIS)
Intraday Stock Chart
Today : Monday 26 November 2012
OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that OSI Electronics, a business within its Optoelectronic and Manufacturing division, has entered into an agreement to provide electronic sub-assemblies to a major tier-one provider of automotive electronics. This multi-year agreement is expected to generate annual sales of approximately $10 million at full production run rate.
OSI Systems Chief Executive Officer, Deepak Chopra commented, “Our global footprint and our continued investment in our manufacturing capabilities has been the basis for many new avenues of growth. This opportunity springs from this commitment and enhances our position in the automotive market with a new customer.”"
http://ih.advfn.com/p.php?pid=nmona&article=55177526&xref=newsalert
Can't hurt at all. The quiet humble doctor carries a lot of clout. MIT 1000 ready for market, buckle up. MMTC ROCKS!!!!!
We would all like to see some action traction. I feel that trying to find the positive in what is happening allows us to defend out turf from those who would like to see total failure. The old adage of don't invest more than you can stand to lose always applies with pinkies, but I am here for the up side potential as I'm sure you and all are. The company has a real product, the new management team is making real progress with the business plan, the market for the product is huge and real, the affiliations are with real entities, we are now waiting on market acceptance and sales, bring it on. MMTC ROCKS!!!!!
It is good to see them build the product catalog. To name things and have an item number for them is another step on the path. More positive news, MMTC ROCKS!!!!!
New filing from OSIS.
Item 8.01. Other Events
On November 15, 2012, OSI Systems, Inc. issued a public statement in response to media reports regarding a “show cause” letter that it had received from the Transportation Security Administration (TSA) with respect to a privacy upgrade that OSI’s Rapiscan Systems division is developing for the TSA, and a congressman’s statements regarding that letter. The Company provides the following updates as of November 21, 2012:
The Company continues to work actively with TSA to resolve this issue and is in the process of responding to TSA’s requests. The TSA’s letter to the Company in part questioned whether, prior to testing, the Company had installed detectors on three AIT (Advanced Imaging Technology) scanners that did not conform to the detectors approved in the system’s configuration plan, and if so, whether the Company had informed TSA of that change in an appropriate manner. The detectors installed on those three scanners prior to those scanners undergoing testing at all times conformed to the AIT system’s configuration plan agreed to between the Company and TSA. While it is unclear how long it will take to reach a conclusion to TSA’s process, the Company continues to believe that a positive outcome will be reached.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
OSI SYSTEMS, INC.
Date: November 21, 2012
http://ih.advfn.com/p.php?pid=nmona&article=55158120&xref=newsalert
Alpine not only filed a frivolous law suit and cause the share price to drop, but also when they didn't hold up their part of the agreement of purchasing $1,000,000 in stock in a timely manner they cause delays which we are still waiting on today. As shareholders we have become frustrated by the delays even though we know the certs and sales will come. The lack of financing by those who agreed to purchase stock in my opinion is the reason we are still waiting on the business plan to proceed. MMTC ROCKS!!!!!
Yeah first they were saying that MMTC wouldn't get certs till February if at all, and now they are saying it doesn't matter if we get them, MMTC bought them, AOAC is scamming the world, the rules keep changing to which way the wind blows. Fact is MIT is in final stages and will have certifications when all the t-s are crossed and the i-s are dotted. And then we are one more milestone closer on the road to sales and profits. Turkey all around, happy day to all. MMTC ROCKS!!!!!
We know the company tested the machine before it went to AOAC and I heard it worked perfectly. Going through all the steps with AOAC will prove to all what we already know. To say "its certified" is what the industry needs and not everyone can say it. MMTC ROCKS!!!!!
Let's see, the CFO takes stock instead of being paid in cash for salary, this is the guy who actually is looking at the current financials. He must feel good about the direction the company is headed and the stock price in the future. He is investing in the company plain and simple. We are in strong hands, MMTC ROCKS!!!!!
We are all good in strong hands. The 4 filling shows insiders are investing in the progress. MMTC ROCKS!!!!!
Insiders buying is quite a bit different than dumping. More peeps trying to drive the price down by making stuff up. Just slap the ask or move on. Better get em before its too late. MMTC ROCKS!!!!!!!
100% strong hands. MMTC ROCKS!!!!!!!
Solid relationship indeed. When working with powerhouse players like OSIS and AOAC there is no rushing the process. MMTC ROCKS!!!!!8
Good point ravmn, I bet it is hard to keep all the stories straight when they are so twisted. Everyone knows this is going up.
I also agree, it would be nice to get something from the company. The web site worked for me in terms of a patience extender, now a CEO corner or blog would help get info from the company out. I do see positive movement. Long and strong. MMTC ROCKS!!!!!?
Payment for what, Alpine didn't come through with their part of the agreement, the money. It appears they were trying to be anything but a financing partner. Any judge or person can see Alpine dropped the ball. MMTC PREVAILS!!!!!!
Grabbing a few more cheepies while we wait. Today is a good day for news. Good things in the works with certs near done, production with OSIS to be announced, sales and lease agreements around the corner, future growth and advancements in the technology. We are ready, MMTC ROCKS!!!!!
The future is unknown, we just know it will be good. MMTC ROCKS!!!!!
Mötley Fool chimes in as a rebound play.
Why OSI Systems Shares Rebounded
By Evan Niu, CFA | More Articles
November 16, 2012 | Comments (1)
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of OSI Systems (NASDAQ: OSIS ) have rebounded today by as much as 17% after numerous analysts defended the company following yesterday's 36% plunge.
So what: Yesterday, there were allegations that the company may have manipulated test data for its body-scanning systems and was trying to defraud the TSA and the government. The company adamantly defended itself, and today it's getting reinforcement from a number of analysts.
Now what: Oppenheimer is calling the drop a buying opportunity and has upgraded shares to outperform, believing the issues will be resolved without any material impact. Benchmark feels the same way, reiterating its buy rating and noting that the body scanners in question aren't a major source of revenue. Last but not least, Stephens also thinks the sell-off is overdone and still has an overweight rating and $93 price target.
http://www.fool.com/investing/general/2012/11/16/why-osi-systems-shares-rebounded.aspx
So true, management is fully invested in the success of MMTC and when they succeed us share holders will get to tag along. It is nice that Mr. Nunez is available to the shareholders and contrary to a rumor that this is a scam, my DD says this technology and company will succeed. Long and strong. MMTC ROCKS!!!!!
So if you stack up some Bardot machines you can incubate enough cells to be able to test? Sounds like they are trying. It's amazing even ba$k can't find anything wrong with it, nice to see him not tear something down. To bad about the cert thing. The advancements by the MIT 1000 might surprise many, if they took the time to look. We will see soon when sales begin. MMTC ROCKS!!!!!
It's hard to keep up with laser light speed when it has the simple, fast, economical testing of the MIT 1000. The single cell detection patent is something the others don't have, so they were hoping MMTC would just go away. But MMTC has passed the test of the market and is ready to blow the doors open on an industry which is ready for improvement. MMTC ROCKS!!!!!
Interesting how it is touted that all the other pathogen systems are far superior to the MIT 1000, even the ones that don't have certs from AOAC or anyone. Bardot has trouble keeping up with the MMTC cutting edge system. MIT 1000 is ready for sale and will show the industry how it is done. Certifications, sales, profits this is the path CEO Nunez has MMTC is on. MMTC ROCKS!!!!!
If they can't keep up we are going to be solid gold. I believe they have it under control for production and that is why they are in it. This is getting good. MMTC ROCKS!!!!!
Amazing that we are all looking at the same proof and facts and see things so differently. The thing is we all make our own decisions based on our own DD, the rest is entertainment. GLTY. MMTC ROCKS!!!!
Last year and this year and next year, it's always a good time to buy shares of MMTC. Buying a developing company before it hits the market, has a potential upside which beat all. It fits perfectly in the risky part of my portfolio. MMTC is looking more and more like a sure thing with all the recent and approaching developments. MMTC ROCKS!!!!!
I'm bettin that is what we see. It would blow things wide open. I'm sure there is a lot of liability in saying things are safe to eat and I bet OSIS lawyers are working with them on that too. Having OSIS expertise on navigating through the government will help also with the move to industry self monitoring. OSIS is in the know.
Maybe they will make doctors do the scanning, cuz they are use to seeing people naked. This is pretty cut throat when these big contracts are involved. Too much money for some not to scam on. The whole TSA thing is such a mess, and when they get something that works they're afraid to use it. OSIS is in the thick of some of these high end opportunities, kinda like the multi-billion dollar food safety industry. Opportunity knocks. Let's see a contract PR for 200 machines.
Things are happening quite fast now, compared to the last few years. The web site upgrade is huge in my opinion and shows everyone some of what the company has been doing. I'm seeing nothing but positive things coming from MMTC. Looks like Mr. Nunez is taking this CEO position seriously. The team now laser focused on certs, hang on to your hat and shares. MMTC ROCKS!!!!!
We will know soon, but most likely after not before, right?. We will really see the PPS grow after a couple quarters of solid sales. The pop to pennies by eoy, IMO. Now is the time to collect more shares. MMTC ROCKS!!!!
I suppose they are trying to sell images on line or something. The government wants to be able to see without looking. If they use generic image what will mr. generic say.
"OSI Systems Falls After Hearing on Naked-Image Scanners"
"John Sanders, assistant administrator for the TSA’s office of security capabilities, said at the House hearing that the agency doesn’t have evidence that tests on the machines were manipulated."
"OSI fell $21.40, or 28 percent, to $54.89 on the Nasdaq Stock Market, the Hawthorne, California-based company’s biggest one-day drop since October 1997 and Nasdaq’s biggest percentage decline today. Almost 4.9 million shares changed hands, 44 times the three-month daily average."
"The Electronic Privacy Information Center sued the agency, calling use of the machines the equivalent of a “physically invasive strip search.”"
http://www.bloomberg.com/news/2012-11-15/osi-systems-falls-after-hearing-on-naked-image-scanners.html
Hospitals have so many pathogens, MRSA being one of the worst. Being able to see these unseeable killers will make hospitals safer. I'm sure there liability insurance rates will drop if they can detect and resolve these pathogen issues. Our partner, OSIS, is involved with healthcare with the Spacelabs Healthcare division and has the connections. Mr. Nunez has said that once the certifications for the big 3 from AOAC are complete, that there will be other pathogens added to the library. Healthcare like food safety is a huge industry. It is great to see MMTC moving that direction and showing it on the new website. The future is so bright with MMTC. MMTC ROCKS!!!!!
MMTC ROCKS!!!!!!!
The web site makes it bigger, on line sales around the corner. MMTC ROCKS!!!!!
To post opinions like they are actual facts of what is happening with the company is misleading and a scam. To know what the $14000 in the 10Q was spent on you would have to have inside knowledge of what the company is actually doing, not making assumptions or opinions. This company is not a scam and is spending money wisely to bring their product to market. It's coming, better get more shares. MMTC ROCKS!!!!!
I think you better check your sources, I think your link leads to a photoshopped opinion. I would take the word of the president of OSIO and PR's from the company before the opinion of another poster on a board, IMO. MMTC is telling the truth, believe it. MMTC ROCKS!!!!!
This new web site is the bomb and will make the stock go boom. It is hard to deny that MMTC is spending there money wisely. Moving down the road, with the mile markers clicking off, getting closer to sales and profits. MMTC ROCKS!!!!!!!!
I count 9 employees in "about us", all in lab coats. More than meets the eye and more coming into view. MMTC ROCKS!!!